Hundred-year Hoover

Will Hoover, a former Cherry Creek financial adviser, was convicted of 44 counts of theft, securities fraud and racketeering.

A Denver district judge said that because he was a first-time offender, she would not impose the full sentence, which could have totaled more than 600 years. Instead she gave him ONLY 100.

Hoover says he wants to be free to repay his creditors. He’s only making 60 cents a day in the Sterling Correctional Facility library. (See my column.) There was a time in his life when he made millions a year.
In the end, Hoover rolled the dice and lost everything.

Hoover’s crimes devastated his victims, most of whom were diligent with their wealth until he took it. Still, most white-collar crime perpetrators usually see sentences of 10-years or less. And many violent criminals go free in less than 20.

Hoover’s attorney is appealing his sentence and a restrictive $1 million bond set by the court. He says there’s a fundamental injustice here. Is there?